Risk Managers: An Independent Line of Defense?

It’s common knowledge that risk managers live disciplined business lives. Applying scientific models and empirical data to every aspect of their organizations’ well-being, these managers are routinely challenged by current events and circumstances beyond their control as well as those in an unknown future.

Yet the role and expectation of the risk officer is changing, according to Swiss Re, which this week issued a report highlighting the growing role of the risk manager in creating a pre-emptive risk management practice that enables disciplined risk-taking.